VANCOUVER, BC – TIMIA Capital Corporation (TSX-V:TCA) (“TIMIA” or the “Company”) is pleased to announce that one of its revenue finance investments, iCompass Technologies Inc. (“iCompass”), has executed the early exit provisions of its revenue finance contract with TIMIA.

TIMIA, which had invested $1,250,000 in Kamloops, British Columbia-based iCompass, received an exit payment of $1,606,000, in addition to cumulative monthly payments received to the end of November 30, 2017 of $338,000, for a total of $1,944,000 received over the life of the facility. As a result of this payout, TIMIA will record a realized gain of approximately $300,000 during fiscal Q1, 2018.

TIMIA’s investment strategy is to earn significant returns for its shareholders via a combination of steady monthly payments and intermittent capital gains. These capital gains occur as investee companies are sold or otherwise exit the financing facilities prior to the end of the term. As TIMIA’s sole focus is software technology companies, which are subject to a high rate of mergers and acquisition activity, the management of TIMIA expects further exits to occur in the portfolio over the term of the underlying revenue finance facilities. This forward looking statement is subject to the forward looking disclaimer contained below.

“TIMIA is proud to have been a key investment partner for iCompass over the past 2 years,” says Mike Walkinshaw, CEO of TIMIA. “Our investment capital helped the company expand revenue and access new markets, while allowing the management and investors of iCompass to retain a greater share of their company.”

About TIMIA Capital Corporation

TIMIA Capital Corporation is a specialty finance company that provides revenue financing to technology companies in exchange for a royalty stream on revenue. The alternative financing option complements both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIA’s target market is the fast-growing business-to-business software-as-a-service (SaaS) segment. TIMIA is managed by a seasoned investment team with a track record of originating and managing debt and equity investments, as well as monitoring, compliance and workouts. For more information about TIMIA Capital Corporation, please visit

For more information, please contact:
Mike Walkinshaw
Chief Executive Officer
TIMIA Capital Corporation
(604) 398-8839

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

Disclaimer for Forward-Looking Information
Certain statements in this release are forward-looking statements. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. The Company disclaims any obligation to update the forward-looking statements except as required by law.